Argentina to add $3 billion to $5 billion to IMF standby deal: La Nacion

FAN Editor
A man walks the street near the Casa Rosada Presidential Palace in Buenos Aires
A man walks the street near the Casa Rosada Presidential Palace in Buenos Aires, Argentina September 20, 2018. REUTERS/Marcos Brindicci

September 24, 2018

BUENOS AIRES (Reuters) – Argentina will add $3 billion to $5 billion in additional credit to a $50 billion standby deal the country signed with the IMF in June to cover its financing needs, La Nacion newspaper reported on its website on Monday, citing official sources.

It was not immediately possible to confirm details of the report. President Mauricio Macri is in New York for the United Nations General Assembly, where he is due to hold talks with foreign investors and meet with U.S. President Donald Trump, the newspaper said.

(Reporting by Scott Squires; Editing by Daniel Flynn)

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